India, July 3 -- Godrej Industries Limited's Chemicals Business has announced a major investment exceeding Rs 750 crore over the next few years as part of its strategic roadmap to become a USD 1 billion global company by 2030. The investment will be directed toward significant capacity expansion projects already underway, aligning with the company's consistent double-digit growth trajectory.
The expansion plan includes doubling the production capacities of Fatty Alcohol and Euric Acid by 35,000 tonnes per annum and 20,000 tonnes per annum, respectively. Additionally, the company has tripled its speciality chemicals capacity with an increase of 21,000 tonnes per annum. Glycerine production will also be doubled by 24,000 tonnes annually, and...